Oxford Lane Capital Corp. (NASDAQ:OXLCO) Short Interest Down 62.3% in January

Oxford Lane Capital Corp. (NASDAQ:OXLCO) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 1,541 shares, a decrease of 62.3% from the January 15th total of 4,091 shares. Based on an average trading volume of 3,674 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 3,674 shares, the days-to-cover ratio is currently 0.4 days.

Oxford Lane Capital Stock Down 0.5%

Shares of OXLCO opened at $23.64 on Wednesday. Oxford Lane Capital has a 12 month low of $22.28 and a 12 month high of $24.01. The firm’s 50 day moving average is $23.52 and its 200-day moving average is $23.38.

Oxford Lane Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.125 dividend. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. acquired a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,267 shares of the company’s stock, valued at approximately $76,000.

Oxford Lane Capital Company Profile

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.